Here’s Why You Should Retain S&P Global Stock in Your Portfolio
S&P Global SPGI strengthens its position through its recurring subscription-based revenue model and strong demand for artificial intelligence (AI)-powered services. Continued positive segmental performance provides a strong foundation for future objectives. Strong shareholder policies remain favorable for the company.
The company’s second-quarter 2026 earnings are expected to increase 11.5% year over year. Its 2026 and 2027 earnings are projected to rise 9.9% and 12.8%, respectively. Revenues are expected to grow 7.5% in both 2026 and 2027.
Factors That Bode Well for SPGI
S&P Global’s continued growth is primarily driven by its recurring subscription-based revenue model, supported by the model’s inherent resilience and compelling growth drivers, despite heightened geopolitical tensions and an increasingly uncertain macroeconomic environment. During the first quarter of 2026, the company reported that subscription product revenues increased 6% year over year.
S&P Global Inc. Revenue (TTM)
S&P Global Inc. revenue-ttm | S&P Global Inc. Quote
SPGI’s consistent growth of individual segments also plays a key role in its overall success. The company reported that revenues from the Ratings division increased 13% in the first quarter of 2026, driven by robust investment-grade issuance and large merger & acquisition financing transactions. Its Market Intelligence revenues increased 8% and the Energy Division posted 7% revenue growth year over year, while revenues from the Indices segment increased 17% year over year during the same period.
Continued demand from hyperscale technology companies adopting artificial intelligence (AI) and investing heavily in infrastructure is also boosting the company’s sales volumes. SPGI’s Data Analytics & Insights is benefiting from strong demand for its financial market intelligence and research platform, Capital IQ Pro. The company continues to expand compatibility with leading AI platforms by enabling seamless data access for Microsoft Copilot, ChatGPT and Claude through the Model Context Protocol. Management highlighted that customers leveraging AI-enabled offerings are generating significantly faster annual contract value growth than traditional customers.
The company has demonstrated a strong commitment to its shareholders through consistent dividend payments and share repurchases. It paid dividends of $1.1 billion, $1.1 billion and $1.2 billion, while repurchasing shares worth $3.3 billion, $18.6 billion and $5 billion in 2023, 2024 and 2025, respectively. This consistency underscores its dedication to creating long-term value for investors.
